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Spreadsheet
Renewed fears of Russia invading Ukraine as well as ongoing concerns over rising interest rates triggered a steep sell-off Thursday. The S&P closed -2.12%, the Nasdaq -2.88% to below 13,800 and the Dow -1.78% in its worst day of 2022. Even though tech slid, the U.S. 10-year yield also fell, losing 4% to 1.961%.
Wall Street gainers included Walmart and Marathon Oil, both up 4%, Clorox by 3.26% and Newmont at 5.48%. Laggards included the semis, starting with Nvidia at -7.57% in heavy trading, Tesla -4.88%, financials like Bank of America at -3.38% and PayPal -4.68%. Cryptos offered little salvation as Bitcoin tanked 7.55% to dip under $41,000.
Again, things were a little calmer in Canada as the TSX shed about 1%. Materials were the only sector to enjoy serious gains. No surprise that many gainers were mining names: Barrick up 4.68%, Yamana 5.15%, Aginco Eagle 7.6%. Not all miners rallied. Osisko tanked 13.78%. Elsewhere, Shopify continued to drop, down 10.95%, Lightspeed lost 8.56% and Aurora Cannabis fell 7.02%. Beyond that, Western Forest Products rose 3.33% and Canadian Tire climbed 2.25% in strong earnings. WTI crude also retreated, losing more than 2% to trade around $91.50 a barrel, while WCS slipped 0.6% to $77.50
🛒 Walmart Inc (WMT-N) +4%
🛢 Marathon Oil (MRO-N) +4%
🧴 Clorox Company (CLX-N) +3.26%
⛏ Newmont Mining (US) (NEM-N) +5.48%
💾 Nvidia Corp (NVDA-Q) -7.57%
🚗 Tesla Motors Inc (TSLA-Q) -4.88%
🏛 Bank of America (BAC-N) -3.38%
💳 PayPal Holdings Inc. (PYPL-Q) -4.68%
🅱 Bitcoin Cash (CRYPTO:BCH) -7.55%
🥇 Barrick Gold (ABX-T) +4.68%
🥇 Yamana Gold Inc. (YRI-T) +5.15%
⛏ Agnico-Eagle Mines (AEM-T) +7.6%
⛏ Osisko Mining (OSK-T) -13.78%
🛍 Shopify Inc. (SHOP-T) -10.95%
💾 Lightspeed Commerce Inc (LSPD-T) -8.56%
🌿 Aurora Cannabis (ACB-T) -7.02%
🌲 Western Forest Products Inc. (WEF-T) +3.33%
🛒 Canadian Tire Corporation Ltd. (A) (CTC.A-T) +2.25%
